
Fireswirl Announces Appointment of Chief Operating Officer
January 2, 2009 - Vancouver, British Columbia - Fireswirl Technologies Inc. (TSXV:FSW).
The Corporation announced today the appointment of Victor Choy as Chief Operating Officer of the Corporation.
Mr. Choy has over 15 years of telecommunications experience in China, S.E. Asia and Europe. Before joining Fireswirl, Mr. Choy was the Vice President of Mobile Distribution Services for Pacificnet Inc, a US listed public company. From 1998 to 2002, Mr. Choy was the General Manager of the Hong Kong subsidiary of Avenir Telecom, a publicly listed company in France and one of the largest telecom distributors and retailers in Europe. Mr. Choy received a Bachelor of Science degree in Actuarial Science and Computer Science from the University of Toronto.
The Corporation also announced that concurrent with his appointment as Chief Operating Officer, the Corporation is granting, in aggregate, 200,000 new options exercisable on or before January 2, 2014 with an exercise price of $0.12 per common share to Mr. Choy pursuant to the Corporation's stock option plan, increasing its outstanding options to 1,720,000 (6.8% of the Corporation's issued shares). The option grant is subject to regulatory approvals.
For additional details about the Corporation visit www.SEDAR.com or the Corporation's website at www.fireswirl.com
About Fireswirl
Fireswirl Technologies Inc. (TSXV: FSW) has been a developer of gaming and entertainment software since 1999. The Company's technology has broad applications for solutions requiring multiple payment interfaces, multi-currency and multi-language capabilities for either internet or wireless applications. With offices in Canada and China, the company is active in sales of mobile handsets and providing value added services for the telecommunications industry.
Further information can be found on the company at: www.fireswirl.com or contact:
Ji Yoon, Interim CFO
T: 604.540-8805
F: 604.677-6613
E: jyoon@fireswirl.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. This news release contains certain forward-looking statements that reflect the current views and/or expectations of Fireswirl Technologies Inc. with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to changes in the market, potential downturns in economic conditions, foreign exchange fluctuations, general demand, competition and our ability to implement our business plans and strategies in a timely manner or at all. These risks, as well as others, could cause actual results and events to vary significantly. Fireswirl Technologies Inc. does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements.
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